Steven Backhouse Group of Companies - Accounts to registrar (filleted) - small 23.2.5
Steven Backhouse Group of Companies - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 June 2023 |
| for |
| THE STEVEN BACKHOUSE GROUP OF COMPANIES |
| LIMITED |
| THE STEVEN BACKHOUSE GROUP OF COMPANIES |
| LIMITED (REGISTERED NUMBER: 01190519) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2023 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| THE STEVEN BACKHOUSE GROUP OF COMPANIES |
| LIMITED |
| Company Information |
| for the Year Ended 30 June 2023 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Northern Assurance Buildings |
| 9-21 Princess Street |
| Manchester |
| M2 4DN |
| THE STEVEN BACKHOUSE GROUP OF COMPANIES |
| LIMITED (REGISTERED NUMBER: 01190519) |
| Statement of Financial Position |
| 30 June 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 5 |
| Investments | 6 |
| Current assets |
| Debtors | 7 |
| Investments | 8 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 9 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital | 10 |
| Revaluation reserve |
| Retained earnings |
| Shareholders' funds |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| THE STEVEN BACKHOUSE GROUP OF COMPANIES |
| LIMITED (REGISTERED NUMBER: 01190519) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2023 |
| 1. | Statutory information |
| The Steven Backhouse Group of Companies Limited is a |
| 2. | Statement of compliance |
| 3. | Accounting policies |
| Basis of preparing the financial statements |
| Preparation of consolidated financial statements |
| The financial statements contain information about The Steven Backhouse Group of Companies Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Turnover is recognised when services are provided. |
| Tangible fixed assets |
| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: |
| Motor vehicles - 25% straight line |
| Office equipment - 20-25% straight line |
| Investments in subsidiaries |
| Investments in subsidiaries are shown at valuation less provision for impairment. |
| THE STEVEN BACKHOUSE GROUP OF COMPANIES |
| LIMITED (REGISTERED NUMBER: 01190519) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2023 |
| 3. | Accounting policies - continued |
| Financial instruments |
| a) Financial assets |
| Basic financial assets, including trade and other debtors and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
| Such assets are subsequently carried at amortised cost using the effective interest method. There are no assets which are initially measured at fair value. |
| b) Financial liabilities |
| Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 4. | Employees and directors |
| The average number of employees during the year was |
| THE STEVEN BACKHOUSE GROUP OF COMPANIES |
| LIMITED (REGISTERED NUMBER: 01190519) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2023 |
| 5. | Tangible fixed assets |
| Fixtures |
| and | Motor |
| fittings | vehicles | Totals |
| £ | £ | £ |
| Cost |
| At 1 July 2022 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 June 2023 |
| Depreciation |
| At 1 July 2022 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 June 2023 |
| Net book value |
| At 30 June 2023 |
| At 30 June 2022 |
| 6. | Fixed asset investments |
| Shares in |
| group |
| undertakings |
| £ |
| Cost |
| At 1 July 2022 |
| and 30 June 2023 |
| Net book value |
| At 30 June 2023 |
| At 30 June 2022 |
| The company has applied the transitional arrangements of FRS102 and used a previous valuation as the deemed cost for the fixed asset investments. As the investments are sold an appropriate transfer will be made from the revaluation reserve to retained earnings. |
| 7. | Debtors: amounts falling due within one year |
| 2023 | 2022 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| THE STEVEN BACKHOUSE GROUP OF COMPANIES |
| LIMITED (REGISTERED NUMBER: 01190519) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2023 |
| 8. | Current asset investments |
| 2023 | 2022 |
| £ | £ |
| Listed investments | 7,923 | 8,343 |
| Current asset investments have been included at their value. |
| 9. | Creditors: amounts falling due within one year |
| 2023 | 2022 |
| £ | £ |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 10. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2023 | 2022 |
| value: | £ | £ |
| Ordinary | £1 | 45,300 | 45,300 |
| A Ordinary | £1 | 4,800 | 4,800 |
| 50,100 | 50,100 |
| 11. | Directors' advances, credits and guarantees |
| At the year end the directors owed the company £143,382 (2022 - £143,691). During the year £6,600 advances and 6,609 repayments were made. |